Section 16
Act to have overriding effect.
The British India Corporation Limited (Acquisition of Shares) Act, 1981
About this Act
An Act to provide for the acquisition of certain shares of the British India Corporation Limited with a view to securing the proper management of the affairs of the Company and the continuity and development of the production of goods which are vital to the needs of the country and for matters connected therewith or incidental thereto.
The provisions of this Act shall have effect notwithstanding
anything inconsistent therewith contained in any law, other than this Act, or in any instrument having
effect by virtue of any law, other than this Act.